It is understood that power stocks generally rise from June to September, which coincides with summer. Because summer is the peak season of power production and consumption, there is a great demand for power, and the power inventory will change accordingly.
In March this year, State Grid announced that it would accelerate the implementation of the strategy of "three types and two networks, world-class" and make a comprehensive layout of the ubiquitous power Internet of Things. Stimulated by this news, Guodian Nanrui, Minjiang Hydropower, Guang Zhi Electric and other related stocks opened with a "one" daily limit, followed by china xd, Gansu Power Investment, Gao Ping Electric and TBEA.
The large-scale daily limit of the "ubiquitous power Internet of Things" concept stocks made the market quickly recover from the plunge, and the GEM index led the market to launch a strong rebound. The closing GEM index rose 4.43%, hitting a new high this year. The market rose 1.92% and returned above 3000 points, with more than 260 stocks in the two cities.
In addition, according to the data of this summer. In the A-share market, among the constituent stocks of the power index, American Holdings led the increase by 6.06%, huadian power international by 2.62% and Star Power by 2.48%, leading the increase; Eight shares including Guiguan Power, Huaneng International, Changjiang Power, Guangzhou Development, Changyuan Power, Chuantou Energy, Mindong Power and Universal Power rose more than 1%, followed by Inner Mongolia Huadian and China Nuclear Power.
According to the analysis of relevant people in the industry, due to the influence of high temperature weather and the arrival of peak demand season, the electricity consumption has hit record highs, which is the direct reason for pushing up the industry inventory. In addition to the surge in demand for electricity, coal prices have recently fallen, and clean energy substitution has become a trend. The profit of the power industry will increase substantially in the third quarter, and it is expected that the national electricity consumption will increase steadily in the second half of the year.
According to the report released by China Electric Power Enterprise Federation on July 26th, the electricity consumption of the whole society in the first half of the year was 3.4 trillion kWh, up by 5% year-on-year, and the power supply and demand were generally balanced. The report also stated that on the basis of analyzing the reality of power supply and demand in the first half of the year, factors such as domestic and international macroeconomic situation, power substitution, last year's base, environmental protection and safety inspection were comprehensively considered.
In the second half of the year, the electricity consumption will continue to grow steadily in the first half, and the national electricity consumption will increase by about 5.5% in 20 19. It is estimated that the installed capacity of power generation in China will reach 2 billion kilowatts by the end of the year, and the installed capacity of non-fossil energy will increase to 42%, exceeding the planned target of 39% in 2020.